Caterpillar
Baven Kuruvilla,Country Manager - Middle East
Caterpillar, with sales and revenues of $41.7 billion in 2020, is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Caterpillar does business on every continent, principally operating through three primary segments – construction industries, resource industries, and energy & transportation – and providing financing and related services through its financial products segment.
Caterpillar announced Q1 2021 sales and revenues of $11.9 billion, a 12% increase compared with $10.6 billion in Q1 2020. The increase was due to higher sales volume driven by higher end-user demand and the impact from changes in dealer inventories.
“Since 1925, we’ve been driving sustainable progress and helping build a better world through innovative products and services. Throughout the product life cycle, we offer services built on cutting-edge technology and decades of product expertise, backed by a global dealer network, which provide exceptional value and help our customers succeed,” says Baven Kuruvilla, country manager – Middle East, Caterpillar.
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